Description
PRIME INVESTMENT OPPORTUNITY! This property offers a solid history of positive cashflow and increasing market value. Carmine Street is a highly attractive fourplex in northwest Riverside situated on an almost 4,900 sqft lot with four identical units, each with a spacious 1-bedroom and 1-bathroom floorplan. The location is highly desirable with walking distance to La Sierra University (2,300 students), restaurants, entertainment, recreation, and access to freeways. With interest rates still at all-time lows, below market rent, and low operating costs for this property, Carmine Street is a fantastic purchase for any investor looking for an immediate positive cashflow opportunity.
Details
| MLS# | PW21023239 |
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| Listing Type | For Sale |
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| Sub-Type | Resale |
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| Status | Active |
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| Year | 1947 |
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| Days On Site | 18 |
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Features
| Units | 4 |
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| Building(s) | 1 |
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| Water Front | No |
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| Property View | Yes |
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| Date | Sales | Avg $ Per SqFt | Min Sale Price | Max Sale Price | Med Sale Price |
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| Date: Nov 2020 | Sales: 3 | Avg $ Per SqFt: $175.85 | Min Sale Price: $2,700 | Max Sale Price: $430,000 | Med Sale Price: $329,000 |
| Date: Oct 2020 | Sales: 14 | Avg $ Per SqFt: $240.18 | Min Sale Price: $2,550 | Max Sale Price: $665,000 | Med Sale Price: $460,189 |
| Date: Sep 2020 | Sales: 27 | Avg $ Per SqFt: $247.97 | Min Sale Price: $1,800 | Max Sale Price: $660,000 | Med Sale Price: $439,000 |
| Date: Aug 2020 | Sales: 34 | Avg $ Per SqFt: $245.6 | Min Sale Price: $2,800 | Max Sale Price: $610,000 | Med Sale Price: $437,500 |
| Date: Jul 2020 | Sales: 22 | Avg $ Per SqFt: $216.64 | Min Sale Price: $2,100 | Max Sale Price: $805,000 | Med Sale Price: $376,000 |
| Date: Jun 2020 | Sales: 24 | Avg $ Per SqFt: $192.67 | Min Sale Price: $1,350 | Max Sale Price: $680,000 | Med Sale Price: $421,750 |
| Date: May 2020 | Sales: 19 | Avg $ Per SqFt: $192.93 | Min Sale Price: $1,800 | Max Sale Price: $660,000 | Med Sale Price: $430,000 |
| Date: Apr 2020 | Sales: 33 | Avg $ Per SqFt: $234.77 | Min Sale Price: $1,400 | Max Sale Price: $1,300,000 | Med Sale Price: $419,000 |
| Date: Mar 2020 | Sales: 49 | Avg $ Per SqFt: $203.3 | Min Sale Price: $2,100 | Max Sale Price: $799,900 | Med Sale Price: $409,000 |
| Date: Feb 2020 | Sales: 55 | Avg $ Per SqFt: $201.61 | Min Sale Price: $1,600 | Max Sale Price: $820,000 | Med Sale Price: $425,000 |
| Nov 2020 |
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| Sales: | 3 |
| Avg $ Per SqFt: | $175.85 |
| Min Sale Price: | $2,700 |
| Max Sale Price: | $430,000 |
| Med Sale Price: | $329,000 |
| Oct 2020 |
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| Sales: | 14 |
| Avg $ Per SqFt: | $240.18 |
| Min Sale Price: | $2,550 |
| Max Sale Price: | $665,000 |
| Med Sale Price: | $460,189 |
| Sep 2020 |
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| Sales: | 27 |
| Avg $ Per SqFt: | $247.97 |
| Min Sale Price: | $1,800 |
| Max Sale Price: | $660,000 |
| Med Sale Price: | $439,000 |
| Aug 2020 |
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| Sales: | 34 |
| Avg $ Per SqFt: | $245.6 |
| Min Sale Price: | $2,800 |
| Max Sale Price: | $610,000 |
| Med Sale Price: | $437,500 |
| Jul 2020 |
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| Sales: | 22 |
| Avg $ Per SqFt: | $216.64 |
| Min Sale Price: | $2,100 |
| Max Sale Price: | $805,000 |
| Med Sale Price: | $376,000 |
| Jun 2020 |
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| Sales: | 24 |
| Avg $ Per SqFt: | $192.67 |
| Min Sale Price: | $1,350 |
| Max Sale Price: | $680,000 |
| Med Sale Price: | $421,750 |
| May 2020 |
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| Sales: | 19 |
| Avg $ Per SqFt: | $192.93 |
| Min Sale Price: | $1,800 |
| Max Sale Price: | $660,000 |
| Med Sale Price: | $430,000 |
| Apr 2020 |
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| Sales: | 33 |
| Avg $ Per SqFt: | $234.77 |
| Min Sale Price: | $1,400 |
| Max Sale Price: | $1,300,000 |
| Med Sale Price: | $419,000 |
| Mar 2020 |
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| Sales: | 49 |
| Avg $ Per SqFt: | $203.3 |
| Min Sale Price: | $2,100 |
| Max Sale Price: | $799,900 |
| Med Sale Price: | $409,000 |
| Feb 2020 |
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| Sales: | 55 |
| Avg $ Per SqFt: | $201.61 |
| Min Sale Price: | $1,600 |
| Max Sale Price: | $820,000 |
| Med Sale Price: | $425,000 |
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MLS Number: PW21023239